21771 Argo Fay RteChadwickIL61014
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Chadwick at 21771 Argo Fay Rte, Chadwick, IL, 61014 generates $8,562/mo in rent and, after a $2,100/mo payment, leaves $5,586/mo in cash flow. Total monthly income is $8,562/mo, and annual cash flow is $67,033/yr on $142,214 invested. Return on cash invested sits at 67.04% in year one, and rental yield is 23.95% on a $429,000 entry. Equity gained on principal adds $2,768/yr, while 5% annual appreciation builds toward $118,525 over five years. Five-year ROI reaches 356.62% and total cumulative return in cash sums $507,157. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $8,562/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
5.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61014, Chadwick, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 513 (100%) |
| Owner Occupied HU | 363 (70.8%) |
| Renter Occupied HU | 83 (16.2%) |
| Vacant Housing Units | 67 (13.1%) |
| Median Home Value | $192,500 |
| Average Home Value | $296,377 |
Housing Distribution
Address Breakdown
Residential
334
Single Family
334
Multi-Family
0
Businesses
22
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Listed by: PATTI KLOEPPING • Re/Max Town Lake & Country
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202402745
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.